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Federal Bank Ltd is up for a third straight session today. The stock is quoting at Rs 123.45, up 1.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.19% on the day, quoting at 17664. The Sensex is at 59219.54, down 1.19%. Federal Bank Ltd has gained around 12.43% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 3.92% in last one month and is currently quoting at 41209.2, down 0.49% on the day. The volume in the stock stood at 121.82 lakh shares today, compared to the daily average of 182.35 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 123.25, up 0.78% on the day. Federal Bank Ltd is up 48.2% in last one year as compared to a 0.45% jump in NIFTY and a 8.45% jump in the Nifty Bank index. The PE of the stock is 12.12 based on TTM earnings ending June 22.
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